Severna Park Maryland Waterfront Homes For Sale - July 2011

Nestled between two of Maryland's premier rivers - the Severn River on the South West and the Magothy River on the North East - starting at the base of the Broadneck Peninsula you will find Severna Park Maryland. Nicknamed "The Park" by local residents, many of whom have a fondness for the crabbing, fishing, and boating. Along the Severn River, stately watefront estates and classic cottages alike face primarily South and have the sun to the front for most of the day. Many have splendid views across the river to Crownsville. On the Southern shore of Magothy River, Severna Park waterfront homes are North oriented and afforded shaded decks and porches over looking one of Maryland's most beautiful rivers.

There are 32 Severna Park waterfront homes for sale today. The average asking price is $1,768,163 and they have been on the market an average of 183 days. The minimum asking price for active listings is $358,500, with a maximum asking price of $8,500,000, and the median asking price is $1,215,000. For the list of Severna Park Maryland waterfront homes for sale click here.

There are 5 waterfront properties under contract in Severna Park today. The average asking price is $1,109,700 and have been on the market an average of 85 days. The minimum asking price for listings under contract is $840,000, with a maximum asking price of $1,475,500, and the median asking price is $999,000. For the list of waterfront homes under contract in Severna Park click here.

In the last 90 days there were 6 waterfront homes sold in Severna Park Maryland. The average asking price was $1,309,167 and were on the market an average of 109 days. The minimum asking price for sold listings was $590,000, with a maximum asking of $2,350,000, and the median asking price was $1,070,000.

The average sold price for Severna Park waterfront homes was $1,205,000 for a 82.16% sold-to-list ratio from their original listing price or a 92.74% sold-to-list ratio from the list price at the time of the sale. The minimum sold price was $550,000, with a maximum sold price of $2,100,000, and the median sold price was $1,015,000. For the list of waterfront homes sold in the last 90 days in Severna Park Maryland click here.

With only 2 waterfront homes selling each month in Severna Park Maryland, there is a 16 month inventory of homes for sale on the water. This really is a remarkable time for qualified buyers to consider buying waterfront property because:

Severna Park Waterfront homes are very affordable right now

Interest rates are low even on jumbo mortgages

Excellent financing options are available for qualifying buyers

Timing is everything when it comes to finding just the right Severna Park waterfront venue

If you are interested in buying a home in Annapolis, Maryland or the surrounding area and want to tour any property currently on the market, or if you have a home to sell in Annapolis, Maryland and want a professional consultation on current market conditions, please contact Stephen Howell at 443-994-8043 or e-mail him at showell@liveinannapolis.com or visit his website at LiveInAnnapolis.com.

Stephen Howell came to Annapolis to enjoy the Chesapeake bay in 1994. What he discovered was a whole new lifestyle. Ever since Stephen Howell has been successfully helping others make the most of Annapolis, Maryland. You'll find that with the right professional by your side, you can Live the lifestyle and live, work and play in Annapolis Maryland.

Stephen Howell and Jackson (his hound-mix from the HSSC) maintains residences on the Chesapeake Bay in Annapolis, Maryland and Gulf Coast in Sarasota, Florida. He works in the Annapolis, Maryland real estate market. His website lets people search the Annapolis Maryland area MLS. Buyers can also search for waterfront homes along the Cheasapeake Bay. His website has current real estate data on Annapolis, Maryland.

Carol ... They're simply not making any more Severna Park Maryland shore line! Well, let's hope they're not making any more. About half the value of waterfront homes is in the land and the other half in the structure. Unlike the heartland, where land and space seem plentiful, our waterfront is tightly packed. The eclectic nature of the Severna Park Maryland waterfront property started many years ago when there was not much more than summer camps and cottages. Over the years these camps and cottages turned into three season homes, then later four season retirement homes. At the turn of the millennium we saw a surge of tear-down-rebuild activity that transform river side cottages to shoreline castles!!!

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